Market Pulse - Europe
Google facing €25bn digital advertising lawsuit
Alphabet’s main operating division Google is set to face a €25bn (£21. 68bn) lawsuit in the UK and the European Union, it emerged on Tuesday, amid accusations of anti-competitive behaviour in digital advertising.
Europe close: Stocks rise despite disappointing data from UK, Germany
European shares were in positive territory at the close on Monday, with retailers still leading the charge through the afternoon, despite grim GDP figures from the UK and a pessimistic survey in Germany.
Sector movers: Miners drag FTSE 350 lower, Electricity and Retail stocks gain
Industrial Metals & Mining fell to the bottom of the leaderboard for the FTSE 350 on Wednesday, following the release of Chinese of foreign trade that economists at Pantheon Macroeconomics said reflected the "dire state" of domestic demand.
European energy trading strained by $1.5trn in margin calls
Europe's energy firms are under pressure as so-called margin calls for at least $1. 5trn strain their liquidity, Norwegian oil major Equinor said.
London close: Stocks end on mixed note gas prices rebound
London stocks finished on a mixed note on Monday, as Brent oil moved higher and gas prices surged, the latter following Russia's decision to indefinitely suspended gas flows through the Nord Stream 1 pipeline to Germany.
Dutch gas futures retreat amid indications for Nordstream 1 restart on Saturday
Dutch gas futures retreated further and the euro caught a bid amid data showing that the Nordstream 1 pipeline appeared to set to resume flows on Saturday morning as scheduled.
Goldman stays at 'buy' for NatWest Group
Analysts at Goldman Sachs reiterated their 'buy' recommendation for shares of Natwest, telling clients the lender was the "key beneficiary" from higher policy rates in the UK.
Euro area unemployment ticks lower in July, possibly emboldening ECB, says Pantheon Macroeconomics
Unemployment in Europe's single currency area slipped in July, possibly emboldening the European Central Bank to focus on inflation, some economists said.